The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Stocks in Asia fell Monday afternoon following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
Britain has a "fixation" with next week's vote on whether the U.K. should exit the European Union trading block, Blackstone Chairman and CEO Steve Schwarzman said Tuesday
The prospects for leaving the EU, which has been gaining momentum, creates economic uncertainty and does not help global growth in the near to medium term, the private equity billionaire told CNBC's "Squawk Box " in an interview from London.
"It's the first conversation you have with almost everyone here. They just bring it up," Schwarzman said. "The issues are sort of a bit subtle and unknowable. One of the major issues is what happens to the EU?" He also wondered whether other countries would also leave.
"If the EU stays together, there will be a period of adjustment," the Blackstone co-founder continued. "This doesn't happen in a day. It's years to negotiate some kind of exit if you were to have one between the U.K. and the EU."
Concerns over the possible implications of a Brexit pushed the yield on the 10-year benchmark German bund into negative territory for the first time ever Tuesday.
In U.S. politics, the unorthodox presidential campaign is making Europeans "unsettled" about America, the longtime Republican Schwarzman said.
"People are a bit curious and uncertain how the U.S. whole election process got to be so odd," he said, "whether it's a socialist [Bernie Sanders] winning 23 states ... or someone who has no political experience on other side [Donald Trump] ... becoming visible. "
Schwarzman, who didn't really answer the question Tuesday on whether he's still supporting Trump, told CNBC in January he would pick Trump over then GOP presidential challenger Ted Cruz.